Originally Posted by ajnaro

As far as the 'foreign fee' is concerned, it may not make any difference if a Citi-owed ATM is used. I have an interest checking account at Citibank in NY and make withdrawals from a Citi-owned ATM in Rio de Janeiro. My statement always contains the notation CASH WITHDRAWAL AT NON-CITIBANK ATM. I get exactly the same notation at other Citibank branches abroad (recently at the KARMELICKA branch in Krakow). Nonetheless, whenever I bother to do the calculation, the rate used by Citibank is better than the oanda.com rate, even including the extra 1%.